September 25, 2026 No comments
Resilience cannot be taken for granted. Broader foundations required for inclusive growth
SINT MAARTEN/CURACAO - Both Curaçao and Sint Maarten continue to demonstrate resilience, supported primarily by tourism activity and ongoing private investment. The main challenge facing the monetary union is no longer recovery but sustaining growth and strengthening resilience in an increasingly uncertain external environment. The planned phased withdrawal of funds held by the Dutch State at the Centrale Bank van Curaçao en Sint Maarten (CBCS) will reduce gross official reserves, while import coverage is projected to remain above the three-month benchmark. These are among the key findings of the CBCS Economic Bulletin of September 2026. Safeguarding external stability through sound policies A key priority remains safeguarding external stability. In small and highly open economies, confidence in the peg depends on adequate foreign exchange reserves,...
Read more
September 25, 2026 No comments
Tourism-led growth and fiscal stability underpin the outlook Economic growth remains resilient amid global uncertainty
SINT MAARTEN/CURACAO - In its September 2026 Economic Bulletin, the Centrale Bank van Curaçao en Sint Maarten (CBCS) expects growth to continue across the monetary union in 2026 and 2027, albeit at a more moderate pace than in recent years. Real GDP in Curaçao is projected to grow by 2.8%, while Sint Maarten’s economy is expected to expand by 3.1% in 2026. While fiscal positions are expected to remain stable, inflation is projected to rise moderately in Curaçao and Sint Maarten, reflecting ongoing external pressures. The outlook remains subject to considerable external uncertainty, including geopolitical tensions, trade fragmentation, and the potential pass-through of higher commodity prices and transportation costs to domestic inflation. A strong start amid shifting external conditions According to the CBCS’s...
Read more
September 25, 2026 No comments
SEDC Launches “AI for Small Business” Program to Strengthen MSME Competitiveness
SINT MAARTEN (GREAT BAY) - The St. Maarten Entrepreneurship Development Center (SEDC) will launch AI for Small Business, a four-week training program designed to help local micro, small and medium enterprises (MSMEs) build practical artificial intelligence skills, running October 19 to November 16, 2026, with sessions Monday, Wednesday and Thursday from 7:00 - 9:00 PM. SEDC implements the program through the Ministry of TEATT, funded by TWO under the E6 Country Package managed by RVO. SEDC has contracted the services of Ife Badejo to design and deliver AI for Small Business Program. Ife Badejo is one of Sint Maarten’s AI Ambassadors and Founder and CEO of Islandpreneur International. Badejo has trained more than 400 professionals in AI across the Caribbean over...
Read more
September 25, 2026 No comments
PJIA AIRPORT AND SXM PAWS CONTINUE “PAWS IN FLIGHT SATURDAY” TO HELP RESCUED PUPPIES REACH NEW HOMES
SINT MAARTEN (SIMPSON BAY-AIRPORT) - Princess Juliana International Airport Operating Company N.V. (PJIAE), in partnership with SXM Paws, once again welcomed rescued puppies to Princess Juliana International Airport as part of its Paws in Flight Saturday initiative. This latest visit featured Asher, Theo and Felix, three SXM Paws puppies currently available for adoption. During their time at the airport, the puppies received plenty of attention from passengers and members of the KLM cabin crew, who took a moment to meet and cuddle the young dogs before departure. The initiative forms part of a wider collaboration between PJIA and SXM Paws aimed at helping rescued dogs from St. Maarten connect with the flights, volunteers and traveling companions they need to reach adoptive families...
Read more
September 25, 2026 No comments
Minister Claret Connor Champions Sustainable Procurement at UNGA 81 High-Level Forum
SINT MAARTEN/NEW YORK — Minister of Public Health, Social Development and Labor (VSA), the Honorable Claret Connor, today delivered remarks during the 81st Session of the United Nations General Assembly at the UN Global Compact High-Level Forum on the Coalition for Sustainable Procurement. Minister Connor is attending the high-level engagements on behalf of the Prime Minister of Sint Maarten, Dr. Luc F.E. Mercelina, who was originally scheduled to attend but was unable to do so due to pressing matters requiring his continued attention locally. Addressing ministers, heads of delegation, United Nations representatives, development partners and private-sector leaders, Minister Connor emphasized that sustainable procurement must be viewed as a powerful instrument for development, particularly for small island states such as Sint Maarten. “Procurement is...
Read more
